Without savvy claims handling, your cases could go nuclear. Social inflation and nuclear verdicts are driving up insurance costs. Smart claims handling can help keep your claimants happy and your claims under control. Social Inflation Is More Than a Buzz Word Social...
by Collective Team | May 4, 2022 | Last Updated: Dec 19, 2024
In today’s digital age, policyholder expectations are increasingly complex and personal, new players and technologies are entering the insurance market, and the workforce is adopting radically new attitudes, behaviors, and approaches to employment. All of these...
by Steven Kidd | Apr 29, 2022 | Last Updated: Nov 27, 2023
If you’re trying to grow your insurance company, you have a lot on your plate. You need to decide which markets and products to expand into, which technologies to invest in and how to improve your loss ratio. Unfortunately, it’s hard to focus on any of this when...
by Laurel Antti | Apr 27, 2022 | Last Updated: Dec 18, 2022
A perfect storm is forming over the insurance industry. Amid record-high turnover and hiring difficulties, many companies are struggling to maintain adequate staffing levels. Meanwhile, the 2022 Atlantic hurricane season is just around the corner, and it’s promising...
by Collective Team | Apr 8, 2022 | Last Updated: Dec 19, 2024
Insurance is meant to protect policyholders in the event of an unexpected financial loss. While both insurers and customers alike hope a claim is never needed, the truth is, accidents happen. And when someone does submit a claim, they’re likely going through a...
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